r
TIIE MORNING OREGONIAN. SATURDAY, JANUARY U, 1911.'
17
W00L0UTL00KFINE
Prices More Likely to Advance
Than Decline. .
peppers, lie per th-: pumpkin. 101HC par
i u- , raBtin l w vbw -
C? r : squash, 101ie per I"-, tomatoes.
1 1 ir bo.
o-KoricAi. rRciTa onniK aaesis.
i:lTt per box: Jphm II Pr
Florida grapefruit. 41: California
fruit. MMil; buuiiu 6c per pound;
kudIm SV nr nnunit
POTATOHS Oregon, buying prlre.
1.23 per hundred; sweet potatoes. $3.7
ONIONS Burlna- Dries. ILM per hun
dred.
4
rape
prne-(19
5 per
Dairy iM Country rnJuto
WILL BUSINESS BETTER
POtXTRT Lire: Hens. U81: Springs.
llwc: turkeys. 2ue"Jlc: ducks. 2Jc;
I iwn 14c; dressed turkeys, choice. 2.1c.
Storks In Manufacturers' Bins Are
Small and Tliry 'Will Have to
Boy Heavily to Keep Their
Machinery Going.
A brighter outlook In the wool market
Is Indicated by the latest mall advices from
Boston. Boston dealers feel that If tha
Improvement so far reported In tha heavy
weight goods demand SB continued through
tha repeat order season, the future of tha
wool market ta assured and that prices of
raw material are mora likely to advance
tksa to decline.
Tha stocks of wool are so low In manu
facturers bins that extensive purchases can
not be avoided If their machinery la to
ran continuously. A strong effort Is being
made to bring about this condition by tha
naming of prices on gooda so low that
clothiers can hare no excuse for withhold
ing orders. Tha latter seem satisfied now
that no better terms could possibly bo mads
on overcoatings and mill men believe that
for this reason there will be less cause this
season to complain of cancellation of orders.
It is probable that the prices In worsteds,
to be named soon, will follow the general
scheme ontllred above and that ".he ranee
will be so Inviting that buyers cannot fall
to place large orders, especially on saltings.
It seems to be tha policy of manufactur
ers to get enough business to employ their
machinery aad keep thetr operating forcea
Intact, even If the margin of profit la
dangerously small. If this policy Is carried
out It as evident to the wool trade that all
the wool available la domestic markets will
bo seeded before a new clip is reedy to be
sold.
The amount of foreign wool In the coun
try is not larc and dealera are carry
lag light stocks compared with their usual
holdings at this tune of year. Importa
tions sufficient to apeet the market equi
librium are not deemed possible in view of
the extremely light purchases so far mads
In foreign markets and tha Improbability
that there will be any large Increase In
the buying after tha markets reopen.
HLiati mixta ix wheat market.
Bat nay era Caaae Operate) at a Lessr
Level
The undercurrent In the wheat market
wsa a shaJe easier yesterday, but the prices
quted were no lower. Farmers were hold
ing firmly and wheat could hot be bought
any cheaper than early In the week.
Trading waa quiet In tha oats and barley
markets snd tha old pricea were repeated.
Wheat ahlpmenta from Argentina. Au
stralia and India were reported by tha Mer
rhsnts" Exchange aa follows:
Thlswk. Ijiirt wk. Lent yr.
Arrentlna 444. so. 3.e :S4.0
Australia l.l:Oi" l.lnvoe l.;s.et
In.i: t.oo i.ocs.sov ntt.ss
Loral receipta la cars as reported by the
'Merchants' xchangs wsre: I
Wheat Barley Flour Oats Hay
Monday ....... s i a II
Tueartay S I t ... 4 I
Wednee-lay .... 11 ... t 1 ii
Thursday ...... is ... IS - 4
Friday IS ... 1 X
Tar ago 17 ...
Reason to date.HHI JS i; (; l:.T
Tear ago 10 nil 7i: 1SS1
F.dn.S Oreron nnrh. candled. 3."tiauc;
California. i4p3."c; Eastern. IT S tr JOc
CHEESE Full cream. twins. 1v'
per pound; young America. 17 H 0 ISc.
BUTTER -City creamery extra. 1 ana
pound prints, la boxes. ftJo per pound; i
than h.ives cartons end delivery extra.
1'ORK Fancy. llvl-c per pound.
VfcAL. tuicj, hi lit Lit lyouuus. 1391
per pound.
Wool Baying nt Boston Active.
BOSTON. Jan. 13. The Commercial Bui
letla will say tomorrow of tha wool market
The heavy-weight sesson opened aus
plclousiy. buyers coming into tha market.
buying all the wool they are likely to wan
for their specific needs.
5IODKRX DEGREE OF ACTIVITY
IN MOST LINES.
Many Bayers In the Pry Goods Mar
ketMixed SI ton (Ion in Iron
and Steel Trade.
NEW IORK. Jan. 13. R. O. Dun at Co.
review tomorrow will say:
Business conditions remain substantially
onrhanied. From leading cities come re.
ports indicating a diversity of conditions,
with, on the whole, a fair degree of actlv
ftv. In soma lines ths receipt of a aatlefac
tory volume of Spring orders Is already
causing strength.
Ktcenl orders from abroad Include an
Important contract for tin plate, while
substantial tonnage of structural material
has been sold In Canavla for brMge-bulldlng.
Tha difficulty regarding specifications on
the Pennsylvania Railroad order tor liO.OoO
tona of ralte has been adjusted. Further
purchase of 221) locomotives are reported.
In pig Iron, cast Iron pipe Interests are
reported to have been active buyers of lata.
More buyers are In the dry goods market
attending the openings of cotton blankets.
men a wear and other lines, and operations
have been mora satisfactory. There h
been considerable activity la bleached cot
tons.
Many visiting buyers are la the Boston
footwear market aiding Uie situation there.
It Is believed sums fair orders will be
booked, win- to the amall holdings.
The somewhat firmer tendency of the hid
market last week has not been continued.
and at present tha situation is decidedly
. BTTXIU Or EGOS ARE CaCTIOCS.
Kereipts Axe light and Market Strong. But
Not Active,
Tha egg market was firm, but not ac
tive Receipts of Oregon eggs hsve de
creased, but any attempt to advance the
plica turns buyers to California or East
ern eggs. Locals were quoted at SStfSS
cents. California stock at 34 935 cents aad
Eastern could ba had for 17 4 9 30 cents.
Arrivals of poultry were small and tha
market waa firm at unchanged prices.
City creamery butter eleana up closely.
The upward tendency of tha market la
checked by tha presence of ample stocks of
Eastsm butter. There la also n considerable
quantity of outside Oregon creamery on the
street, which finds alow sale. Tha cheese
market la steady.
IRCIT AND TECETABLES ARE BETTER.
Apples Belling Well. But nt Low Trie en.
Potatoes Firm.
Trade waa better In tha vegetable and
fruit market than It has been for several
days, aa the retailers had allowed their
stocks to run low. Pricea generally were
steady.
Tha demand for apples waa quits good,
but ths markst wss rather weak. It will ba
a month yet before storks are worked off to
a point where pricea will be satisfactory.
Ths cold weather has checked the market
ing and shipping of potatoes. Frtces era
very firm at all points on the Coast. Tha
onion markst Is strong.
Hops Qnlrt bat Strong.
Tha hop market has been at a standstill
for several days. Eastern erders contlnus
to come In. but the Eastern buyecs nra
alow in raising their bids, and concessions
by holders nt this end are not to be thought
of. It Is a deadlock that, under tha clr-
ru mat en res, aannot last long, and ths com
lng week will atmoet certainly show a
higher level of values. There le also a
growing demand for old hops. The latest
transaction In 1W Indicate that the best
crops of that growth are worth 14 cents.
Bank Clearing.
Pank clearings of the Northwestern cities
yesterdsy were aa follow a:
4'learlnrm. Balances.
Portland . el.7vi.il.: .. i.is
Seattle . l.ttvl.(U7 1V43
laoma 7t.?i.t 44. ail
Spokane . I"'.l.;io SU.eMO
FORTLA JtD MARKETS.
Crabs. Flaw. rose. Kir.
WHEAT Tram prices: Bluest em. S4
liS'l club. Co tic: red Russian. Itc:
Vs. lev. Sic; 40-toI.l. Slualc
UAKI.t.T Feed. -l ii1i per ton; brew
ing. e.7e?"7.&e per tn.
MILLjU 8 Hraa. trs.SOty34.3a per
ton: middlings. IJI; shorts, jiij .;
rolled barley.
FLOt'K Patents Silt pee barrel;
straiglita. Ilt4i; exports 1.7; Val
ley. - -. inuaa, !.. whole wheat,
quarters. IS.
HAT Track prices: Timothy. Willamette
feMey. $la20 per ton: Eastern Or.goa.
S.'iaI; alfalfa. 114: grain hay. tl.M
11 : clever, til 014.
rout Whole. t:i: cracked tie oar ton,
OAT3 No. 1 white. t"JA3o9p per ton.
Trgetable sad FValfa
APPT-FS Waxeo. M J 1 1 : llaldwtn. TV 9
1 Ii; Northern Hpy. auctl.:.; Know. tl.U;
lied Cfteek 1'lppln. $Il-3; Winter Banana.
11T50-. tiplixenberg. HUillit; lailow
Newtown. $173.
SACK VtulTiBL'S-Carrots. tl4fl.lt
hundred: parsnips. 3101-23; turnlpa. tlj
beets. tl.t3S)l 0L
GRIEN FRCITS Pears. SI.SSOS per box:
grapes. T3e)tl per box: Malagaa fifl)a.M
per sarrel. .-raauerrlea. Sl2al2ZO per bar
rel; pe-atmmone. l U per joi.
VEGETABLES Beans. 11 So per pound:
eabbase, 1.'.'& per hundred; cauliflow
er. JJ per crate: celery. California.
t3et.3& Pr crate; cucumbers. $3 per
soa. rrsp.ant. Iltyl.lj per crata; garlic.
llte per pound; green onlona. ISc per
dnaen; head lettuce, 40 e ,w per dosen;
hotbeuss lettuce. le;0tl.on per box;
WHOLESALERS liEC'l'RINO BlrjINESS.
Clesvsaco (tales Aid Mrtall Trade Bayers
Are fonsenailva.
NEW YORK. Jan. 13. Hradstrecfs to
morrow will say:
Trade shows aa Increasing disposition to
throw off th quiet of the post-hullday
pvrlod. Wholesalera am seeking, with fair
success, for Spring business and salesmen
are beginning to send In orders. In retail
lines, the clearance sale la widely. In er.
dence. Ketailera are meeting w4th fair wuc
ceea. In the wholesale Jobbing trade, con
servatism governs.
Much the same feeling animates cotton
manufacturers, who -find margins In raw and
manufactured goods narrow. This has had
stimulating enact on prices of hlgh-grads
cotton goods. In otnsr lines, conservatism
la patent.
A general curtailment of leather output Is
apparently traded upon. Iron snd steel are
autet and Dlx Iron prices sre still low.
Business .failures In the I nlted states for
the week ending January 12 were So3,
aa-alnst laat week. UV1 In the like week
of 1V10. 31S In linu. 431 In 10OH and 314 In
ItMi. Business failures In Canada for tha
week ending Thursday number 33. which
contrasts with X7 last week, and with 44
for ths corresponding week In 1110.
Wheat, Including llour. exports from tha
t nlted Htates and Canada for the week end
ing January 12. aggregated 2.SS2.tV3 bushels.
asalnst Z.3C.V14 Isst week.
Corn exports for the.week. 1.S35.379 bush
els, againat 2.2V4.378 last week and 1.302,-
sua bu.aats in iuiu.
Bank Clesuinca.
NKW IORK. Jan, 13. ttradstreet's bank
clearings report for the week ending Jan
uary 12. shows an aggregate of 13.3o7.37i.
(a hi. as sgalnsl 13.31 4.72li.H lust week and
13 K31.217.oo0 In ths corresponding week
last year.
P. a
Inc.
New Torn $2.078.!i;.ooo lo.S
Chicago L" SS7.0.10 3.4
Boston l.so.oo
Philadelphia
Bu lxuls
Kansas tlty ............
Pittsburg
Hsn Francisco
Baltimore -...
Clnclnnstl
Minneapolis
New orlesns ...........
Cleveland
Detroit
Omaha
Los Angeles
Louisville
etlwsukee
Portland. Or
Seattle
Ht. I'aul
BufTalo
Denver
Indlsnapolls
Atlanta
providence
Memphis
Richmond .............
Fort Worth ...........
Salt Lake City
Washington. D. C
St. Joseph ....
lO.;"lH.0X) 2.4
M!.:i..:.o 11.8
67.t'xJ.OilO 10.8
4.-.'..0a 3.3
4.-,7.l'0 12.8
3t.7oO.(t.o S.O
244.xiO 5.1
21.3T3. sil.S
24.3."7.IK" 23.0
23.6-i2.l0 11.1
l.7.0l0 l.t.0
J5.701.0O0 '9.3
17Sllia 23.4
16.8'Hl.lioO 1.3
14.223.isw. 7.0
11.9JO.OOO tS.1
11.04.i" M.
10.3.V.0M "0.7
lo.s:ii,oo 1.4
.'.0.rtO 2.S
J0..VMtOO 7.0
7.23.0iw '52.5
lt.7li.l)M) 8.5
PIH1.W.0 14.1
b.9u2.lK 3.T
S.22LOOO . 8.6
Rtirtl.OiH) 81.
S.J18.0hi 1.7
7.nv!.t.") lo.5
Columbus . 73,OOrt B.4
Albany S.MJ.leHI 12.1
T-ernma - 4.4U2.PC.O 23-4
Spokane. Wash. 5.113. ooo 6.7
Oaklsnd. Cal. 4.-V.i.i0 01.4
Sacramento 1.774.(M 2(t
Houston S.:t10.ni 1.8
Uslveston lS.hW4.0O0 24.11
Decrease.
DHiOfiS QUOTED HIGHER
SEATTLE MARKET ADVANCES,
FOLLOWING OREGON.
Eg, Reeelili InT-raie and Lorn Is
Decline Two Cent Grain
Trade Xot Active.
SEATTLE. Jan. 13. Special. 1 Following
an advance In the price of onions In Ore
. Seattle tobbers lifted their prices half a
cent per pound, making the new price 2H
rents. The market wss firm at the new
price. The demand, however, waa light. A
strong California demand for potatoea has
developed. Fancy apples would have sold
at outside prices.
Egg receipts were heavier and as a result
prices went off to 38 cents. Offerings of
rhin.il and frosen eergs are large. Several
e.ee iTiii.m atorasel egss are snowbound
In the cascade Mountains. poultry oi am
kinds wss very scarce. ood veal sold as
hlsb ss 13 cents, the highest price asxeu
for veal here In two yeara. Butter was
actlvs and firm.
The grain markets were not as active, and
yesterday's hslf cent advance was main
tained with difficulty. Feveral purchases
were made on the basis of 83 cents. Millers
hsd to psy S7 cents. Barley was marked up
to (23.33.
Imports and Exporta.
NEW I YORK, January IS. Imports of
er,.handlae snd drysonda at New York
for the week ending January I wero valued
at tl4.slS.673.
Import! of specie for the week ending
today were $113.1 'a silver snd (1V..S4I gold.
Exports of gold for the week ending to
day were $1,384,801 silver and 9i.l0o gold.
IWluta Flag Market,
ori rTH. Jan. 13. Flax, on track and
to arrive. 42.0a asksd; May, 2.tf asked.
faARRDW BUT FIRM
Stock Market Advances on
Small Transactions.
IS- WELL SUPPORTED
Gould Stocks Advance on Rumors of
Change In Management Large
Cash Gain by New York
Banks Is Estimated.
NEW YORK. Jan, IS. Eartv market ac
llvlty sent prices up materially, as there was
a nearer approach to genuine support than
naa been seen on any recent day.
In the absence of favorable developments.
there was a disposition to attribute the sua
talncd strength to a broadening demand.
No evidence of outside support developed.
nowaver. and the dullness that followed tni
first hour of tradine indicated that th
market was still a narrow one. It cloned
nrm.
Reading was ths feature and more than
recovered Its semi-annual 3 per cent dlvl
drnd. United States Steel was traded In
from ths outset at steadily advancing pricea
and Canadian Pacific registered a further
very substantial gain with betterment In
surn oc its allied properties as bt. pr.al ex
Baulte 8te. II arte and Wisconsin central.
Another feature of the day wss the
strength of tha Uould stocks, led by Missouri
Pacific Undoubtedly the tone of this group
hss Its genesis In ths belief that the Gould
family will soon retire from active man
agement and that succession will rest with
powerful Interests who sre known to have
acquired substsntlal holdings In the Gould
lines, nouthcrn Roilwsy sharea were again
fairly active, and the metal stocks were
stronger on probability of copper exports.
Forecasts of the week's money movemen
point to a large rash gain by local lnstl
tutlons. some esttmatee being aa high as
-i.ihhi.oou. The outcome of the loan In
crease In tomorrow's statement Is more than
ever a matter of speculation by reason of
the msny transfers of money early In the
week. Incident to the strengthening ot soma
uptown banks.
Further analysis of cotton exports nroved
that the value of last year's shipments wss
the greatest In ths history of the country.
exceeding by more then $00,000,000 all pre
vious records.
Trading for Indon account here amount
ed to purchases of perhaps 20.000 shares.
principally l nlted Htates steel and Amal
gamated Copper. Berlin and Amsterdam,
respectively, were reported buyers of Haiti
more A Ohio snd U. K. t T.
Itonds wsre firm. Totsl sales, par value.
!3.32.uoO. lolled States Government
bonds were unchanged on call.
CLO.-U.NU STOCK QUOTATIONS.
Closing
Ban. iitrn ijiv. h n.
AMIS Chal pf ... 20 2S SH 2gi,
Amal t'oppor .. 7.000 4tt G3 64
Am Agrlcult 4tt
Am H-t Sugar.. 1.3'N) 42 s 40? 41s
American Cun 4OT ttty o na.
in tar rtiy. i.;hm r. D2 r3 '.a
Am Cotton Oil. 1.1UO 6s 604 "
Am Hd I.t pf M
Am Ice Sccurl 14 s
Am Linseed ... 700 10 101 10U
Am Locomotive, frm 3 8
Am Smel not 7,40 7e 74 7
do preferred.. frH Km, 104 l4a
Am Steel Fdy .. 7lO 4.'. 44 T 43 "4
Am rugsr net. wki jio 210 110
Am Tvl A Tel.. 4.&UO 144 42x
n III I 'IV-ICCO pi. ..... 14
Am Woolen .... 400 M 31 30
Anaconda M Co 7o 40 3uu :tini
Alchlson 3.(VK) 1W3I i'i27,k 13
do Dref,rred.. lot! in-JW loiiU, In'J
Atl Coast Lino.. 2H 111 11S 117
Halt A Ohio .. l.no 1D7 KHli 1(17
Hethlehem Steel 40 Xi l' 30U
Krook R Trun.. l..HK 7ti 7Ht 7rt
Lininnn iac .. jti..tii am 210
Central Leather l.lSKl i9t4 29t i4
do preferred.. i"v 11 b 101 ft Ion,
1 enirai 01 j ..... rQ
Ch.s A Ohio .. 8.700 83 62 Ms
Chicago A Alton 83
Oil Ct West .. 200 23 23 S'jat
do prefurren.. 300 4it 4(1 .4;
Chicago N W. 7"0 H3 142'e 1431.
C l A- Kl I . X AlHI l-5lt l-'AX. lir.U
C, C, C A Et L.. 1U0 i 04 S 03
Col Fuel A Iron 7KI m Kt 31 Vi
Col A Southern. 2"0 .'-k an cm
Consol Gus .... B.3oO 141 14041 1414a
Corn Products... . 600 14 . 14 1ST
lel A Hudson !
u ex rfc uranae., j.jo ZH SO
do preferred., l.oo 72 70 71
Distillers' Sscur I11O .13 33 33
Kris 8.200 2Ht4 27 28'4
UO 1st PI .... 40 4'IU
do 2d uf 1.000 1, .1. r,u
iren cieciric .. .'iiu 101 -a ,s .....
Gt North pf ... 22.'KH 124V 124 124
Gt North Ore .. .VHl r7V r74 ST4i
Illinois Central. 3'0 1.15 13.V 184
Intorbor Mil .. Koo ia lit hi lVi
do preferred.. 2im m4 R4 K4
Inter Harvester O0 112 112U llH
inter Marine pi.. lo".
lnt Paper 200 121 1214 12
int rump ..... zoo 4us 40. 40
Iowa Central .. Bi0 1M"4 1H lHhi
K C Southern..- l.ttoo S3s 33 8814
do. preferred.. l'X B.H4 US'
Laclede Gas ... I.SiiO 111'4 111 HOT.
lxuls A Nash.. 000 14.1H 1444 14.Vs
Minn A St L .. 00 1'ilS 28 2A
M. S P Ic B S M l.DOti 137 134 V
alo. Kan ft Tex.. 6. 000 33 34 Vs 3."'4
do prefererd. td
Mo Paclllc 4.700 49Tt 48 40
Nat Biscuit 118
Nat Lead 20O 83H 83 33
Mex N Ry 2 pf 30O 37 . 37 37
N Y. Central .. S.S09 11 10 111
N Y, Ont & Wes "0 42 41 41
Norfolk ft Wes 4.DOO 102 101 lir'U.
iNortn American 100 o-- n,, v art
North Pac .... 2.H00 117 110 117
Paclllc Mall ... 3"0 28 27 L'S
rennayivama ... ,,.Ku tl 120 17
People's Gas o7
P. C C St L.. IOO 98 97 98
Pittsburg Coal, 100 18 28 1
fresstn a car.. ;ti
Pull Pal Car .. 2O0 180 l.'.0 l.',l
Ry Steel Spring 32 u.
Reading 108.100 138 l.".3 !".
ncpuoiic rieei M J.ninr o. til 33
do preferred.. 0"O l3 !3 HI
Rock Island Co. 4. I'M) 30 SO S0
do orvfererd.. 200 81 u. no". i u
Pt L ec S F 2 pf l.loo 40 38 40
St L Southwest 700 23 24 24
do preferred.. 4o 82 81 2
Sloes Sheffield . 2oO 81 SI r.O
Southern Pao .. 8.S00 117 110 117
Southern Ry ... 10..1O0 27 27 27
do preferred.. 4.noo 84 82 UI4
Tenn Copper ... S"0 34 S3 34
Texas A Pac .. MM) 28 2l 28
Tol. St L ft Wea 3H 22 22- 22
do preferred.. 4"0 81 30 5014
Union Pac 53. W'O 173 174 17.1
do preferred.. , 200 tt 1 ;
U 8 Kenlty 84
IT S Rubber ... 3" .17 37 3rt
U 8 Steel 110.000 70 74 70
do preferred.. 1.3iO 11 118 118
rtah Copper .. l.oiMl 40 44 4rt
Vs-Csro Chcm.. 2,3iK) 6.1 8:1 3
Wabash 10
do preferred., l.ion 33 34 3.1
Western M4 ... l.loo 31 8o 81
Westing KleC 8"0 80 60 8
Western Union . OKI 74 74 74
Wheel ALE 4
Lehigh Valley .. 1.1. OOO 177 178 177
lotai saies ior tne aay. owi.iw anarea..
BONDS.
NEW YORK. Jan. 13. Closing quotations:
. 8. ref 2s reg.loo'N. Y. C. gn Ss 83
do coupon ...lO0No. Pacific 8s... 70
. 8. 3s reg 103 No. Pacific 4s... 100
do coupon ...li'S ll'nlon psrllo 4s. 93
, tt. new 4s reg.I15:Wls. Central 4a. 9.1
do coupon .. .1 1.1 Japanese 4s .... poll
. A R. O. 4S. 93R
Stocks at Boston.
BOSTOX. Jan. 13.-
Allonex .81
Amalg. Copper.. 84
z. L. A Mm.. z.
Arlxona Com. .. 14
Atlantic 4
A C O A 8 M. 12
Butts Coalition. 17
iL A Arlxona. 47
IL A Hecla. . .M-OA
entennlal 121
Cop. Ran. C. Co. 07
E. Hut to cp. ju. J 1
Franklin su.
Glroux Con
Granhy Con. ... 33
Roale (Cop.) 14
Kerr Lake
Lake Copper.... 41
.a sane fopper 4
Miami Copper... 10i
-Closing quotations:
iMohswk ex.dlv, 43
!Nevala Con. ... IH
Nlplaslng Mines.. ln
.-Norm uutte.....
North !,ake
Old Homlnron... 41
Osceola ......... 109
Parrott (S. A C 114
Qulncy 70 A
iShannon ........ 11
Superior ; 38
'Hup A Bos Mln.. .1
'Sun A Pitts Coo.
!Tamarack 43
U. 8. S. R. A M. 3.1
do preferred .. 40
T'tah Con 12
I'tah Copper Co. 4.1
vtuiverine ...... 1 IU
Money, F.i change, TJr.
LONDON. Jan. 13 Bar silver Steady.
28 3-18d per ounce.
Money jftr.iH per ceoi.
The rate of dtacount In the onen market
for short hills Is a', 1.1-11 per cent; for
three montns bins. ijwo per cent.
NEW YORK. Jan. IS. Money on call.
eairv. 2i3 per cent; ruling rate. 2t4
per cent: closing bid. 2 per cent; offered
t 2 per cent.
Time loans dull: sixty days snd 00 dava.
per cent: six months. 3 per cent. Prime
ercantlio paper, e'ff1 per ceni.
Starling exchange firm, with actual busi
ness In bankers' bills nt 84.825004.8280 for
80-dsy bills, snd at 81.NS90 for demand.
Commercial bills. $4.8294.82.
Bar silver, 14 c
SAN FRANCISCO. Jan. 13. Sterling on
London. 00 days. (i.S2: sterling on Lon
don, stxht. X46.
Urafts Sight. 7; telegrsphic. 11.
CHICAGO. Jan. IS. Exchange on New
York, 5 per cent-
Condition of the Treasury.
WASHINGTON, Jan. 13. At the- begin
ning ot business today the condition of the
United States Treasury waa:
Working balance In treasury of
fices 120.984. 094
In banks and Phlllpine treasury.. 2-.C62.490
Total balance In general fund:... 8.1.H13.048
ftr.t,n.r. . rn .iril, veaterda V . . . . . 2.2XS.152
Msbursements 2.0S7.351
The deficit to date this fiscal year Is 86.
791.883. as against 25.i8,3Ca at this time
last year. r . .
These figures exclude Panama Canal ana
public debt transactions.
New Tork Cotton Market.
NEW YORK, Jan. 13. Cotton closed
quiet; mid-uplands, 14.90c; mid-gulf, 15. lie
Ssles. 1800 bales. Futures closed barely
steady. Closing bids: January, 14 02c; Feb
ruary. 14.73c; March. 14-&7c; April. 14.96c:
May, 15.04c; June. 15.03c; July. 15.03c; Au
gust. 14.72c; October. 13.38c.
PLANT GROWTH THIN
WITKAT NOT DOING WELL IN
KANSAS AND OKLAHOMA.
Shutting Down of Country Elevators
in the Dakotas and Minnesota
Scare Shorts.
CHICAGO. Jan. 13. Ammunition for the
pessimist became available in the shape of
statements from lesding commission houses
here that cash sales of wheat thus far In
1911 have not exceeded 75. 000 bushels for all
the concerns combined. Even more powerful
was ths weather situation, which seemed
distinctly to favor the Fall-sown cros. In
addition, general realising was reported as
going on In Liverpool, where free offerings
of La Plata wheat acted as an offset to
smaller world's shipments. However, spec
ulators working for a rally obtained a fresh
hold through assertions, on expert authority,
mair-talning that in Kansas and Oklahoma
plrnt growth had been thin and that appear
ances were forbidding. Fright on the part
of the short sellers grew greater on an
nouncement that 0O0 country elevators in
the rakotas and Minnesota were to be shut
down because of lack of wheat. Fluctua
tions In the May option were between 11.00'e
and 81.01. with the close c up, at
' There was considerable of a fight in corn
around BOe for May. May ranged from
49c to 60c and In the end was HWc
lower than last night, at 50c.
Cash corn was weak. No. 2 yellow closed
"oVt? wereeomparatively slow. May varied
from S4e to 85c finishing tfc down,
"'inrovlslons. the view that an eight-cent
orlcs for hogs wss not necessarily a fixture,
gave trade a bearish twist. The market at
the close, however, waa little altered, from
24 hours previous. ,,
The leading futures ranged as follows:
. WHEAT.
Open. Hlsh.
f .41 81.01
.. .97
.SS .93
CORN.
.10 .30
.61 .(1
.tt .52
OATS.
.15 .33
.34 .34
.33 .33'
Low. Close,
$1.00 $1.01
. -9
.95 .96
.49 .50
.1 .51
.51 .51
.34 .3
.31 .34
.13 .33
29.00
18.97
10.47
10.05
10.00
20.00
19.15
10.50
10.12
10.05
10.10
May...
July...
Sept. .
May...
July...
Sept...
May...
July...
Sept...
MESS PORK.
Jsn 20.02 - 20.10
May .19.06 19.17
LARD.
Jan 10.S0 10.50
May 10.10 10.15
July 10.0: 10.0s
SHORT RIBS.
May 10.05 10.16 10.03
Cash quotations were as iouowb:
Flour Firm.
Rve Xo. 86c
Barley Feed or mixing. 70 80c; fair to
choice maiung. osc ...
Flaxseed No. 1 soutnwesiern, 2.is; -o.
1 Northwestern. 2.5.
Timothy seed tiuiv ff xv.is.
Clover 810.15.
pork Mess, per barrel. $20 20.12.
l ard Par 100 nounds. 810.50.
Short ribs Sides (loose), $10.12 10.75.
Sides Short, clear (boxed), $10. lu'll.
ftraln atuttattca:
Total clearances of wheat and flour were
equal to 161.000 nuenels. exports ror ine
week, as shown by Bradstreefs. were equal
to 2.583.000 bushels. Primary receipts were
4.S2.0U0 bushels, compared with urb.OOO Dusll
els the corresponding day a year ago. Kstl
mated receipts for tomorrow: Wheat. 24
cars; corn, 641 cars; oats, 218 cars; hogs,
$000 head.
Keceipts.
Flour, barrels' 16.800
Wheat, bushels 2S.&00
Corn, bushels 43,700
Oats, bushels 277.200
Rye. bushels 4.000
Barley, bushels 80,000
Statement of Condition
OF'
Lumbermens National
S3, ok
OF PORTLAND
At Close of Business January 7, 1911
EES0URCZS
Loans and Discounts $2,174,986.25
Overdrafts 3,293.87
U. S. Bonds to Secure Circulation... 250,000.00
Other Bonds and Premiums 220,475.57
Real Estate 800.00
Furniture and Fixtures 25,000.00
Due from U. S. Treas...$ 12,500.00
Due from Banks 343,202.33
Cash on Hand 791,528.24 1,147,230.57
, LIABILITIES
Capital $ 500,000.00
Surplus and Undivided Profits 63,100.37
Reserve for Taxes .. 5,383.31
Circulation' 250.000.00
Dividends Unpaid 2,716.50
Deposits 3,000,5S6.08
$3,821,786.26
$3,821,786.23
TAKE ALL OFFERED
Demand for Livestock Is
Active.
PRICES STEADY TO FIRM
Best Steers Sell Vp t $6.35 and
Large Bunch of Cows Is Moved '
at $5.15 Slieep and Lambs
Are Ready Sellers.
Shipments.
7.400
31..V0
323,000
380, S00
'47,Vo'i
KnroDean Grain Markets.
LONDON. Jan. 13. Cargoes quiet but
TV'oTIti VVnlln fnr ahinment 3iK- afll.
ers firm; buyers quiet. Cargo, VVa.Ua. Wall
January shipment sold at llos 9d.
KnKlish country markets generslly 6d
aoarer; jrencu country iiiki lch, iuin.
LIVERPOOL Jsn. 3. Wheat March,
Ts 2d; May, 7s 2d. Weather, line.
nrsln at Hss Francisco.
KAV FRANCISCO. Jsn. 13. Wheat
&&ney r inn.
spot quoiMiiuua: iiwtt mviJiiiK, fi.iiv w
:, per cental. Barley Feed, ?1.12M per
cental; brewing. 11.13 31.20. Oats Kea.
l.lUWl.J per ccuuii; wuiw, ,i.ti7iv
r.i l - hlnrlt. SI e
t all board saies: v neat .o trauins.
Farley May. $1.17 per cental; December.
$1.13 bid, fl.ltt' asked.
Oram jiarkcis ok ine .luruiHiui.
TACOXIA. Jan. 13. Wheat: Bluestem,
m.iis.V: fortvfold. 84c: club. 8.1c; red
Kussian. 81c Receipts, wheat 7 cars, bar
ley 2 cars, corn, outs una hay t car eacn.
SEATTLE. Jan. 13. MIMInr quotations:
Bluestem, 85c; fortyfold, 83c; club, 82c;
Fife, 82c; red Russian. SOc. Export wheat:
Rluailam. 82c: fortyfold. 80c; club. 7DO;
Fife. 79c; red Russian. 77c. Yesterday's car
receipts, wheat 8 cars; corn 2 cars, bay S
cars. Dariey i car.
Metal Markets. '
NEW TORK. Jsn. 13 Standard copper.
dull; spot, January, February and March.
UKulS.lue: Abrll. 1212.15c London, easy;
spot. 55 7s d; futures, 56 5s. Arrivals re
ported at New Tork today. 605 tons. Custom
house returns show exports of 17,501 tons
since January 1. Lake copper. ja.BTijq"
13.12Hc: electrolytic, ltrc vt vis ouc; casi-
1ns;. 12.87'12.62c.
Tin. firm; spot. January and February,
4.1034.13c; March and April, 4.o0$p4.62o
Kales. so tons January, port of New York.
at 40.12 4c London, dull; spot, 183 6s; fu
tures, 183 ls.
i,. rfu. 4.M04.55c New' Tork: 4.309
4.33c East St. Louis. London, spot, 13
ia 3d. ' .
Kpeller. dull. 1.60WO.O0C Kew torx; o.eu
0 3.45c East Bt. Louis. London, spot. 24
2m Od.
Iron Cleveland wsrrants. 49s 10Hd In
London. Locally Iron was nominally un
changed: No. 1 foundry Northern. $15,250
0.25- No. 1 Southern ana ao son, ju.-o
j 15.75.
Coffee and Sonr.
NEW TORK. Jan. 13. Coffee futures
closed steady, but at a net decline, of 4 to
points. Private cables reported a decline
Havre after the official close of the
market there and may have promoted some
of the late selling. Ssles. SO. 000 bags. Jan
uary. 11.50c; February, ll:."Sc; March, April
and Ma, ll.nsc: June, 11.62c; July, ll.ljoc;
August, ll.Sttc; September. 11.02c; October.
ll.oOc; November. 11.4c; December. lL43c
tpot conee. quiet; io. i ioc, .10.
Santos. 14H'14'4c. Mild coffee, quiet;
cordova. 13tl5c.
Raw sugar, nominal; Muscovado, .81) test.
3.17c; rentrifugal. .B6 test. 8 87c; molasses.
89 test. 2.92c. Rennea. steady. s
nried rrolt at New York.
EW TORK. Jan. 13. Evaporated applei
itlnue quiet, with prices barely ateady;
fancy. 12Hl13c; choice, 11 5c; prime,
Prunes are less active with buyers inclined
hold off owing to ine niga prico. yuuis
is rsnge irom ' i vjvki: ivi v.umt him
to 0-3os and 9 12c for Oregons.
earhes. firm, with a good Jobbing de-
I: choice. 7H71tc; extra choice,
fancy. 8 6 9)40.
N
con
spot
to
tlon
up
msn
8c;
Trading held up quite wall at the
stockyards yesterday and all the offerings
were absorbed at steady to Arm prices.
There were no new developments In tho
way of values.
The best steers on sale brought ie.33 ana
other good lots went at $6.15. A big
bunch of cows. 143 head, sold at $5.15. but
$5.23 and $5.30 were paid for better grade.
There was an active demana ror mutton
stock. Two loads of mixed sheep were
sold at $4.90 and $5 and lambs brought
$6 to $0.00.
A araod many hogs have been movea in
the past two days, but since Thursday
morning top quotations have not been
reAllzed.
Receipts at the yards yesterday were
839 cattle, 14 calves. 95 hogs-and 840 sheep.
Shippers of the stock were: J. C. Loner
gan. Colllsston, Utah, 2 cars of cattle; J.
F. Owen, Colllsston. Utah, 3 cars of cattle:
F. C. Oxman, Weiser. 7 cars of cattle and
calves; O. F. Brown, Corvallls. 2 cars o
sheep; Hugh Cummlngs, Halsey. 1 car of
sheep and hogs, and C. C. Day, Lewiston,
1 car of hogs.
The day's sales were as follows:
Weight. Pries.
90 hogs 221 $8.55
2 cows U"0 5.25
17 steers 928 5.00
9 cows 1001 4.00
2 bulls 100O 4.00
2 bulls HS5 4.60
27 cows 872 4.85
23 cows USD 5.30
29 steers 1131 0.15
37 steers 953 3.80
67 hogs 287 -8.1)0
89 hogs 200 8.90
113 hogs 18 8.90
43 hogs 327 8.0O
61 hogs 2113 8.73
1 hog 6'-H 6.00
92 hogs 239 8.75
2 hogs 525 S.05
1 hog 225 8.75
85 hogs 194 . 8.90
96 hoes 201 8.!0
25 steers Ii:t3 6.35
8 steers 1030 5.00
11 steers 117 6.15
14S cows 9ii0 5.15
73 mixed sheep 128 4.90
4tl mixed sheep 104 5.00
167 lambs 81 6.25
4 lambs 10T .0
81 lambs 85 6.0O
2 bulls 1515 4.30
Prices current on the various 'classes of
stock at the Portland Union Stockyards were
as follows:
PrhneUsteers .$7.00 $7.50
Good to choice steers 6.60 6) 7.00
Fair to good steers 4.OO0 8.50
Common steers 4.60 5.75
Choice to prime cows 6.25 5.50
Good to choice beef cows 4.75 6) 6.25
Fair to choice beef cows 4.26 4.75
Common to fair beef cowm..... J.00 4.00
Good to choice heifers S.00 6.50
Fair to good heifers 4.75 6.00
I'nmmnn to fair heifers 4.00O 4.25
Choice to good fat bulla 4.50 6.O0
Fair to good fat bulls 4.00 .it
Common bulla 2.50 3.23
Good to choice light calves 4.26 7.00
Fair to good light calves e.oo a.zs
Good to choice heavy calves.... 5.25 S.00
Fair to good heavy calves 4.75 6.25
Common calves 3-75 4.75
ftrwM n rholne Itari 4.50 & S.00
Fair to good stags .-, 4.00 4.60
Hoira
Choice hogs ?v 8.90 9.10
Good -to choice hogs 8.75 8.90
Sheep
Yearling wethers, grain-fed 4.75 S.O
Old wethers, grain-fed 4.2.". 4.50
Good to choice ewes, grain-fed.. 8.25 3.75
Feeders 2.25 1.00
Choice Iambs, grain-fed 6.50 7.00
Good to choice, grain-fad 1.00 6.25
Fair to good 1.26 $.76
Poor lambs 4.95 6.00
Hay-fed sheep and lambs 60o lower than
graln-iso. .
Chicago Livestock Market.
CHICAGO. Jan. 13. Cattle Receipts es
timated at 2500; market, strong. Beeves,
14.86". 10; Texas steers. $4.25 i 5.50; West
ern steers. t4.656.10; stackers and feed
ers. $X835.90: cows and heifers, $2.65
0.50; calves, $7.60 10.
Hogs Receipts estimated at 17,000; mar
ket, weak. Light. $7.758; mixed. $7.75
8.00; heavv, $7.708; rough. $7.707.8;
good! to chdice heavy. $7.70 1& 8; pigs. $7.40
8.1 Or bulk of sales, $7.807.90.
Sheep Receipts estimated at 9000; . mar
ket, weak. Native. $2.30 4.50; Weatern,
$2l634.43; yearlings, $4.303.75; lambs,
native, $4.756.55; Western, $36.45.
PRODUCE AT 8AS FBAXCISCO.
Quotations Current In the Bay City Mar
kets. BAN FRANCISCO. Jan. 13. The follow-
lns j.roduce prices were current today:
Vegetables Cucumbers, 75c $$1: garlic. 4
rrAe: vreen Deal, aft 8c: string beans. 15
20c: tomatoes. 75c $1; eggplant. 7 10c
Butter Fancy creamery, 4dvc.
Eggs Store. 30c: fancy ranch. 32c
Cheese Young America. 13 V 16c.
Mlllstuffs Bran. $27 30. middlings, $33
I?sv Wheat. I4: wheat and oats. $
13; alfalfa. 18 13. 50.
irrult Apples, cnoice. woe; common, w,
Mevlfam limes. S4A4.30: California lemons.
choice, $3.50; common. $1.50: oranges, navel,
$1.3002.25: pineapples. $22.50.
. Potatoes Salinas Burbanks. $1.852.10;
sweets. $303-25; Oregon Burbanks, $1.75
l.PO.
Onions $1.40 1.70.
Tteceints Flour. 1026 auarter sacks:
wheat lit centals: barlev. 64.143 centals:
oats, 400 centals; potatoes. 4370 sacks; hay.
40O tons.
Chicago Produce Market.
erles. t02c; dairies. 17?23c.
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
Capital - - - $ 1,000,000.00
Surplus aad Profits. $800,000.00
OFFICERS:
AISSWOltTBT. Preiaet. R. W. "tCrTMEER, Cashlen.
IU LEA BARJfBS, Vice-President.
A. H. WRIGHT, Assistant Cashless, W. A. U9LV, Assistant Cashier.
r c.
LETTERS OF CREDIT AND TRAVELERS'
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on all FOREIGN COUNTRIES
Laclcl S Tilton Bank
- ... . . , Established 1859. : , ; i, :av-.ir;H5
OLDEST BANK ON THE PACIFIC COAST
Capital 1,000,000
SUBPLUS AND PE0FITS $600,000
nr. M. Lsdd, President. It. S. Hownrd, Jr, Ass't Cashier,
Edvr. Cooklngbim, Vice-President J. W. Ladd, Assistant Cashier.
W. 11. Uuuckley, Cashier. Walter 11. Cook. Ass't Cashier.
f
First National Bank
Capital $1,500,000
Surplus 750,000
Oldest National Bank West of ths
Rocky Mountains
ojsaud Emms
ana.B W H ban Km sV4s
Eos.'-" -
MaeB WKmHW'
i
I
8
I
GIBRALTAR
ALGIERS VILLEFRANCHE? GENOA
NAPLES ALEXANDRIA TIUME
A LA CARTE SERVICE . -.tV
i
t
i
B
9
I
J without charge tXijP c
4 FIIAriCGlJIA -sa I
JAN. 21,
FEB. 13,
MAR. 11,
IfOSrPASJTiCIJI-AH APPCV TO OUR CCNCICt AT
HKW TOHK. MOMTOn, L Hit. INHIUPOLIl, rniL.LilLrniR . w
an frascisco. todonto, montncal and Winnipeg on loci1. c
mark, cases Included, 29 27c. Firsts, 28c;
prime firsts, 29c.
Cheese, steady. Daisies. 15HWc; Twins,
13M13: Young Americas, 15tt16c;
Long Horns. l5H16c
Hoas at New Tork.
NEW TORK. Jan. 13. Hops Firm.
TRAVELER'S GUIDE.
There are lots of
reasons why peo
ple prefer
BITULITHIC
s-t-r-e-e-t-s
COOS BAY LINE
CTEAMEK BKEAKWATEK sails from
Alaska dock. Portland. 8 P. M. Dec 13, 20,
27, Jan. 8. 10, 17, 24. 31. Feb. 7. 14, 21. 2 and
every Tuesday night thereafter during the
Winter. Freight received at Alaska Dock
until 0 P. M. dally. Passencer fare first
class, 110; second-olsss. 7. Including meals
and berth. Tickets on sale at Alnswertn
Dock. Phonss Main 2BS. A 12S4:
Sao Francisco, Los Anjehs an J
San Diega Direct
forth Pacific 3. 8. Co-'s 8. 8. Roanoke
and 6. 8. Elder sail svsry Wednesday
alternately at P. aU Ticket ouice ixl
'Xiurd t.. near Alder.
stAUIlx J. HioLKV, Passenger Aseafc
Ml. 11. SLLbSlsai. Freight As SOU
a'nonee at. 1X14. A 11114.
SAX FRAXCISCO A PORTLAND 8S. CO.
"ew service to Los Angeles via San Fran
cisco every five days.
From Alnsworth Dock. Portland. 4 P. M.
S.S. Bear Jan. 17, Kose City 22, Heaver 27.
From San Francisco. Northbound, 12 M.
S.S. Rose City Jan. 16, Beaver 21. Bear 20.
From San Pedro, Northbound.
S.S. Beaver Jan. 19, Bear 24. Kose City 29.
II. U. Smith, C. T. A., 142 Third hit.
J. W. Ransom, Agent. Alnsworth Dock.
Phones: Main 402. 286; A 1102.
Canadian Pacific fcmpreas Uns of steamers,
sailing weekly between Montreal and Liver
pooL Wireless en all steamers Ask s.r
ticket agent or write F, R. Johnsun. O. A
142 Third mU. PerUaod.